• RedditWanderer@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    2 days ago

    Im a bit too hammered to understand it right now, but I think the math is hidden in here with very ambiguous wording.

    In a note released Thursday, Morgan Stanley projected that Amazon’s plan could cut around 13,834 managerial roles by early next year, saving the company between $2.1 billion and $3.6 billion. The estimate is based on the assumption that managers make up 7% of Amazon’s workforce.